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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: November 17, 2000
Commission file number: 1-5256
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V. F. CORPORATION
(Exact name of registrant as specified in its charter)
PENNSYLVANIA 23-1180120
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification number)
628 GREEN VALLEY ROAD, SUITE 500
GREENSBORO, NORTH CAROLINA 27408
(Address of principal executive offices)
(336) 547-6000
(Registrant's telephone number, including area code)
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ITEM 5 - OTHER EVENTS
On November 17, 2000, VF Corporation announced a series of actions to
position the Company to achieve its long-term earnings growth target of 8%-10%.
In conjunction with these actions, the Company announced that it will take a
charge to fourth quarter earnings of approximately $120 to $140 million, or $.68
to $.79 per share. The cash requirement related to these actions is
approximately $40 million. As a result of these actions, excluding charges, the
Company expects to report full year earnings per share between $2.95 and $3.00.
A copy of the press release announcing this information is attached to this
report as Exhibit 99.1 and is incorporated herein by reference.
ITEM 7 - FINANCIAL STATEMENTS AND EXHIBITS
99.1 Press release issued by VF Corporation on November 17, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
V.F. CORPORATION
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(Registrant)
By: /s/ Robert K. Shearer
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Robert K. Shearer
Vice President-Finance
(Chief Financial Officer)
Date: November 20, 2000
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION SEQUENTIAL PAGE NUMBER
99.1 Press release issued by 5
V.F. Corporation on
November 17, 2000
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